PDF Solutions Inc. (NASDAQ:PDFS)’s share price hit a new 52-week high on Monday . The company traded as high as $16.76 and last traded at $16.60, with a volume of 145,583 shares. The stock had previously closed at $16.50.

A number of equities analysts have recently weighed in on PDFS shares. Zacks Investment Research downgraded PDF Solutions from a “hold” rating to a “sell” rating in a research note on Friday, May 6th. Craig Hallum downgraded PDF Solutions from a “buy” rating to a “hold” rating and set a $17.00 price objective on the stock. in a research note on Friday, July 29th.

The company’s 50-day moving average is $14.73 and its 200-day moving average is $12.96. The stock has a market cap of $521.35 million and a price-to-earnings ratio of 61.97.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, July 28th. The company reported $0.17 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.18 by $0.01. The business had revenue of $26.70 million for the quarter, compared to analyst estimates of $25.66 million. During the same period last year, the company earned $0.18 earnings per share. The business’s quarterly revenue was up 15.1% on a year-over-year basis. Analysts expect that PDF Solutions Inc. will post $0.71 EPS for the current year.

In other PDF Solutions news, Director R Stephen Heinrichs bought 6,118 shares of the firm’s stock in a transaction on Friday, May 27th. The stock was acquired at an average price of $14.24 per share, with a total value of $87,120.32. Following the completion of the purchase, the director now owns 19,187 shares of the company’s stock, valued at $273,222.88. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

A hedge fund recently raised its stake in PDF Solutions stock. Royce & Associates LLC raised its position in shares of PDF Solutions Inc. (NASDAQ:PDFS) by 108.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 457,700 shares of the company’s stock after buying an additional 237,700 shares during the period. Royce & Associates LLC owned 1.46% of PDF Solutions worth $4,961,000 at the end of the most recent reporting period.

PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.

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